Promoting EE in hotels and tourism sector Innovative Financial Instruments to Support Energy Efficiency: Experiences from Financial Institutions in Latin-American and Asia-Pacific Regions Promoting EE in hotels and tourism sector

BANCOMEXT The Export Credit Agency of Mexico Established in 1937 Banco Nacional de Comercio Exterior, S.N.C. The Export Credit Agency of Mexico Established in 1937 Mexican EXIMBANK Mandate to finance Mexican foreign trade According to its Organic Law, Bancomext’s obligations are fully guaranteed by the Mexican Government

Our goal is to contribute increasing productivity in mexican companies Activities That We Support Export finance Import finance Internationalization of Mexican businesses Support for foreign investment Value chain integration, in order to increase the national content in Mexican exports Our goal is to contribute increasing productivity in mexican companies

Business Model First tier Second tier Direct credit Financial needs above USD 4 million Sectorial approach to businesses Second tier Credit through financial, banking and non-financial intermediaries Financial needs for up to USD 4 million Credit guarantees for SMEs

Guarantee Programs Objective Key Sectors Guarantee Types To encourage financing in commercial banks of: Operations and projects related to foreign trade Objective Companies in sectors or regions related to foreign income generation TOURISM ELECTRIC & ELECTRONIC Key Sectors ENERGY EFFICIENCY AUTOMOTIVE & AUTO PARTS Case by Case Guarantee Types Automatic

Financial pilot mechanism for solar water heating system in the Yucatan peninsula

CONUEE National Comision for Efficient Use of Energy (CONUEE) is a descentralized administrative entity of Energy Minister (SENER) with technical and operative autonomy. The purpose is to promote the energy efficiency and become a technical entity in sustainable use of energy field. The main sectorial programs which CONUEE focus on: SMEs: Introduction of practices to reduce energy consumption. Solar water heating: Promote the optimal use of solar energy, fostering good practices in energy rational use and reduction of polluting emissions. Mobility and transport: Efficient use of transport systems, trough technical assistance to optimize the management and vehicle fleets operation.

Terms Foster the solar water heating system use 2 years Purpose Foster the solar water heating system use Scope Small and medium sized hotels in Yucatán Peninsula (Campeche, Yucatán and Quintana Roo) Functions CONUEE: Technical and economical certainty UNDP: Local office from operative process BANCOMEXT: Credit guarantee Execution Period 2 years UNDP: United Nations Development Programme (Programa de las Naciones Unidas para el Desarrollo).

General Conditions of Financing Operator Bank: Mexican Commercial Bank Credits amount: Financial needs for up to USD 0.80 million Purpose: Purchase and instalation of solar water heating systems Types of Financing: Currency: Mexican Pesos Term: Up to 5 years Guarantee: personal obligation. Interest Rate: Will be analized case by case SWHS: Solar Water Heating System (Calentadores Solares de Agua). CO2: Carbon Dioxide. MWht: Mega Vatio por hora térmicos En términos de equivalencia, el ahorro de 8,100 MWht implica dejar de utilizar cerca de 1,160,000 Biolers de paso con  capacidad equivalente a 6 litros. Ahorro anual: 9,000 square metres of SWHS installed Equivalent ~ 3,000 hotel rooms Annual energy saving ~ 8,100 MWth Annual economical saving ~ USD 0.32 million per SWHS Reduction ~ 1,840 Ton of CO2 annual Expected Results

Benefits Technical and economical advice in fuel reduction savings derivates of SWHS use Suppliers technical guarantee, which provides and installs technology Periodic evaluation of CO2 reductions and fuel savings SWHS: Solar Water Heating System (Calentadores Solares de Agua). CO2: Carbon Dioxide.

“With every credit, we are moving and transforming Mexico” Fernando Hoyo Oliver Deputy General Director Small Business Development www.bancomext.gob.mx ¡Thank you!